|Bid||6.30 x 3000|
|Ask||6.39 x 900|
|Day's Range||6.17 - 6.48|
|52 Week Range||5.77 - 21.22|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.12|
Snap (SNAP) is making it easier for businesses to create AR (or augmented reality) lenses designed for Snapchat. Snap is launching “Lens Creative Partners,” a program that will let brands find certified AR filter creators, which would let them make branded lenses for the app’s filters. At launch, the company said the Lens Creative Partner Program has over 30 certified AR creators listed.
The ability to edit tweets has been a requested feature that Twitter has been seemingly reluctant to grant its subscribers. Twitter CEO Jack Dorsey recently discussed the issue of the edit button while he was in India, saying the company was thinking about it, TNW reported. The dilemma for Twitter is that while an edit button can help eliminate friction for its subscribers, it can also open an opportunity for unethical alteration of public record.
Twitter (TWTR) is working to diversify its business as a way to reduce its reliance on advertising expenditures. Twitter’s non-advertising revenue rose 25% YoY to $108 million in the third quarter, making up 14% of the company’s total revenue. Non-advertising operations contributed 15.5% of revenue in the previous quarter and 14.7% of total revenue a year earlier.
Twitter (TWTR) now relies on video for the majority of its advertising revenue. The company’s video offerings include live and recorded content from sports to news to entertainment area. Twitter’s video expansion seems to fit in nicely with the market trend where the uptake of digital video advertising is on the rise.
This year hasn’t been especially fun for Twitter (NYSE:TWTR) shareholders. Twitter stock started 2018 with a bang, jumping from 2017’s closing price of $24 to June’s high around $47. Since then, however, TWTR stock has dropped as low as $26.19 and has risen only to the $32 range.
Facebook’s (FB) top legal officer, Colin Stretch, has reversed his earlier decision to leave the company, according to Recode. In July, Stretch announced that he was planning to leave Facebook at the end of the year. The reported decision by Facebook’s top lawyer to stay on comes at a time when the company is trying to navigate a number of legal challenges.
Snap Inc. is preparing to release a third version of Spectacles by the end of the year. Whereas previous iterations made small, mostly aesthetic changes to the video sunglasses, this version will mark a bigger revamp, with two cameras able to add augmented reality (AR) to the content they record. Spectacles 3.0, called “Newport” inside Snap (NYSE: SNAP), will reportedly cost more than previous versions: $350 versus the $150 for the second-generation released in April.
Snap Inc. reportedly isn't planning to give up on its goal of becoming a seller of physical cameras, according to Cheddar. The company is preparing to roll out an enhanced version of its Spectacles glasses by year end, Cheddar reported Tuesday. The new glasses would have two cameras, a "more premium frame made of aluminum," and a $350 price tag, according to the report. Snap has been selling cheaper Spectacles glasses for just over two years, but the company had to take a hefty charge because the products weren't selling as well as expected. A Snap spokesman said the company doesn't comment on product rumors or speculation. Its shares are down just 0.3% in Tuesday morning trading, while the tech-heavy Nasdaq Composite Index is off 2.2%. Snap's stock has shed more than half its value over the past 12 months, while the Nasdaq has ticked up just 1.1%.
Twitter (TWTR) has recently sought to attract more international users into its social network. The company’s efforts to draw more international users include launching a lightweight version of its social app for consumers with less Internet data and battery power in more than 45 countries, mostly emerging economies. At the same time, Twitter has been cutting deals to expand its international video library as a way to entice international users to its platform.
Microsoft’s (MSFT) Bing has shown promise time and again, but it’s still not able to beat Google’s (GOOG) growth in terms of search advertising. In the latest quarter, Bing’s revenue rose 9%, while Google’s rose 22%.
Atlanta based tech company has found a new way to keep children safe online nationwide. Bark's new award-winning service can monitor text messaging to social media and can automatically alert parents with signs of cyberbullying, predators and more. Yahoo Finance's Adam Shapiro, Julie Hyman and Rick Newman discuss with 'Bark' CEO Brian Bason.